A Rare Libertarian Victory in Congress?

The Libertarian Lass, Gayle FalkenthalThe Libertarian Lass, Gayle Falkenthal 5 Comments

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For nearly 30 years, Congressman Ron Paul of Texas has waged war against the Federal Reserve.  It seems that Congress and public opinion has finally caught up to him, and there’s hope for passing legislation that would audit the Fed.  Read more about it here.

Why should you care? Because the Fed is spending YOUR money to bailout industry after industry, seemingly at random. Which one is next? Major newspapers seem likely to get federal money to keep them from folding. Let’s imagine that for a second. Would you publicly criticize the organization providing your paycheck? Why are taxpayers being asked to prop up businesses that make bad decisions, continue producing products people no longer want to buy, or that are becoming technologically obsolete?

I’m amused that what used to be Paul’s “wacky” ideas are now mainstream. Have we all become wacky? Or have we all started to wise up? Better late than never!

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Comments 5

  1. Gayle:

    Will you be taking your regular Talk Radio shift this
    Thursday night on KCBQ, am 1170?

    If so, what time, and what is that Toll Free number
    to call !

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    Author
  3. If the horse and buggy were around today, the Dems would have found a way to bail out that obsolete business too.

  4. You need to think about it. Despite the emails, the overwhelming evidence showing global warming is happening hasn’t changed.
    “The e-mails do nothing to undermine the very strong scientific consensus . . . that tells us the Earth is warming, that warming is largely a result of human activity,” Jane Lubchenco, who heads the National Oceanic and Atmospheric Administration, told a House committee. She said that the e-mails don’t cover data from NOAA and NASA, whose independent climate records show dramatic warming.

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